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What Do Rentals and Vacancies Look Like in 2015?

What Do Rentals and Vacancies Look Like in 2015?

Posted on 11. Dec, 2014.

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Are you prepared for the upcoming year? Recent studies suggest that multifamily demand will remain high in 2015, despite “high demand, some markets reflect...

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10 Tips for Property Winterization

10 Tips for Property Winterization

Posted on 02. Dec, 2014.

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Have you winterized your property? Last year’s winter season came as a shock to many proving that “even the typically warmer climes aren’t immune...

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Top 5 Amenities for Student Housing

Top 5 Amenities for Student Housing

Posted on 18. Nov, 2014.

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A few years ago, staying ahead of the student housing game meant providing in-unit amenities – granite countertops and gourmet kitchen appliances – but...

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Simple Ways to Fill Vacancies Quickly, Carefully, Intelligently

Simple Ways to Fill Vacancies Quickly, Carefully, Intelligently

Posted on 16. Dec, 2014 by .

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Vacancies can come up at the most unexpected times. The end of a year, even though it’s a holiday season, is no exception. Neither are the early months of winter when fewer moves occur. That’s why property managers need multiple ways to attract new residents that work all year round. It’s also effective to have […]

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Make 2015 Your Best Year Yet!

Make 2015 Your Best Year Yet!

Posted on 09. Dec, 2014 by .

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As 2014 draws to a close, there’s no better time to begin to assess the year.  If there’s nothing you would change for 2015, you can probably stop reading now.  But for most of us, there’s always something that we can do better, faster, more efficiently, and more profitably.  One of the best ways to […]

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Have a Stress-free, Rewarding Holiday Season

Have a Stress-free, Rewarding Holiday Season

Posted on 04. Dec, 2014 by .

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While the holiday season conjures up visions of family gatherings, robust meals and brightly wrapped presents, the reality can often be very different.  Today, it’s rare to find anyone who doesn’t experience at least some stress while coping with the holiday season.  From your employees, your residents, and even your own family and friends, instead […]

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Housing Data Confirms Contradictions, Favors Rentals

Housing Data Confirms Contradictions, Favors Rentals

Posted on 27. Nov, 2014 by .

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As property managers we want to keep up on the trends in our local economies. “The trend is our friend” is a mantra that enlivens our professional awareness. The final quarter of 2014 has uncovered some important national trends as well. Building permits, an important signal of future construction, increased by 4.8% in October to […]

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An Opportune Time of Year for Property Managers to Shine

An Opportune Time of Year for Property Managers to Shine

Posted on 25. Nov, 2014 by .

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Like the words of a well known seasonal song, “It’s the most wonderful time of the year”.  From Thanksgiving through New Year’s Day most people are in celebration mode. Strangely it’s also one of the most stressful times of the year. The holiday pressures of family reunions, buying gifts, planning get-togethers, or being alone while […]

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Keeping Your Properties Safe during the Holidays

Keeping Your Properties Safe during the Holidays

Posted on 20. Nov, 2014 by .

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The holiday season is rapidly approaching.  Along with family get-togethers, decorations, and presents, the holiday season poses a unique set of risks for property managers, including everything from apartment fires to a higher risk of property theft. While it will never be possible to prevent all adverse events, there are many precautions both you and […]

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First Time Home Buyers are not Buying

First Time Home Buyers are not Buying

Posted on 11. Nov, 2014 by .

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If it’s such a great time to buy a house why are young Americans opting to rent rather than a buy a house? Is it because of low inventory in their price range, tight credit, difficulty qualifying, or all of the above? First-time home buyers aren’t clueless. They’ve done the math on how much house […]

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Looking at the Big Picture

Looking at the Big Picture

Posted on 04. Nov, 2014 by .

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Are you so bogged down in the details of your day to day management duties to take some time and look at the bigger picture?  With the pressure to fill empty units, keep the property profitable, and make hundreds of people with very different personalities happy, property managers can sometimes forget to spend some time […]

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Property Managers, Here’s How to Increase Your Income

Property Managers, Here’s How to Increase Your Income

Posted on 28. Oct, 2014 by .

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Like the line from the infamous movie Jerry Maguire, property managers work hard to be able to say “Show me the money!” It doesn’t matter if you’re a Tom Cruise fan for these words to resonate. When I consult with property managers about growing their income I begin with the question, “Have you discussed this […]

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Do Green Property Managers Attract More Considerate Residents?

Do Green Property Managers Attract More Considerate Residents?

Posted on 16. Oct, 2014 by .

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Just because it may not be as “cool” today to take your property management business in a “green” direction doesn’t mean it’s not rewarding. Besides the personal satisfaction there are advantages. As part of its Healthy Homes Program, the federal government’s Department of Housing and Urban Development (HUD) launched in 1999 its Healthy Homes Initiative […]

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Renters May Temporarily Turn into Buyers as Incentives Arise

Renters May Temporarily Turn into Buyers as Incentives Arise

Posted on 09. Oct, 2014 by .

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It may feel like 2006 all over again when it comes to the housing market.  Gimmicks and giveaways are creeping into the market because homes aren’t selling like builders had hoped. Back in 2006, just before the crash of 2008, no-document mortgages greased the way to the top of that housing bubble. Today it’s freebies […]

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Why You Can’t Afford to Skip Video Tours (Webinar Recap)

Why You Can’t Afford to Skip Video Tours (Webinar Recap)

Posted on 09. Oct, 2014 by .

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We hosted a fun and informative session with Todd Breen on the power of video tours this week. He covered best practices for creating engaging video tours for your listings. He also covered many of the benefits video tours can offer property managers, including: Cutting vacancy time and showings in half! Increasing engagement and time […]

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Residential Housing for Renters Expands as Property Managers Wonder

Residential Housing for Renters Expands as Property Managers Wonder

Posted on 07. Oct, 2014 by .

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The number of multi-family rental housing complexes being built around the nation keeps on growing month after month. The implications for the property management business are somewhat ambiguous. No doubt there’s been a steady decline in the number of homeowners since the financial crisis of 2008. This has translated to a substantial increase of renters […]

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Four Low Cost Ways to Improve the Properties You Manage

Four Low Cost Ways to Improve the Properties You Manage

Posted on 01. Oct, 2014 by .

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Residents are on the prowl again looking for the most attractive rental units for their money. At the same time there is a growing group of former homeowners who are back in the rental market. The monthly rent these groups are willing to pay will partially depend on the condition of the rental properties. If […]

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Creating a Sense of Community with Your Residents

Creating a Sense of Community with Your Residents

Posted on 25. Sep, 2014 by .

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Property managers often refer to their properties as communities, and rightfully so. But have you ever thought about strengthening that community?One of the things that apartment dwellers typically cite about living in an apartment is a sense of isolation. Often, renters are new to the area, or even the state, and would like to meet […]

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Four More Ways to Quickly Fill Your Vacancies

Four More Ways to Quickly Fill Your Vacancies

Posted on 19. Sep, 2014 by .

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Marketing tools to turn vacancies into occupancies are worth a fortune. Like the technologies offered by Appfolio, there are many common sense methods to focus on your area’s target market. Each one of the following suggestions is not only intended to help you zoom in on new ways to attract a stream of potential tenants. […]

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How Do You Compete With The New Apartment Communities?

How Do You Compete With The New Apartment Communities?

Posted on 09. Sep, 2014 by .

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The Wall Street Journal recently noted that the share of new homes being built as rental apartments is at its highest level in four decades.  While it certainly helps the economy, an increase in apartment homes can strike fear in the hearts of many property managers.  After all, these newer units will likely boast state […]

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Refreshing Suggestions from a Seasoned Property Manager

Refreshing Suggestions from a Seasoned Property Manager

Posted on 03. Sep, 2014 by .

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As the summer season slides to a close it’s good to remember that our work should be enjoyable. If our demanding profession begins to wear us down it’s probably time to do something about it. Recently I touched basis with a colleague who’s been in the property management business for over 40 years. I won’t […]

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Property Managers Put Clients on “Bubble Alert” for Fiscal Planning

Property Managers Put Clients on “Bubble Alert” for Fiscal Planning

Posted on 28. Aug, 2014 by .

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The U.S. economy has come a long way from the frightening fiscal collapse that happened at the end of the Bush administration in 2008. The Obama administration inherited the worst economic crisis since the Great Depression. The Federal Reserve has been managing America’s monetary policies since 1913. Once former Fed Chairman Ben Bernanke saw the […]

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Help Your Process Server to Save Time in Your Eviction

Help Your Process Server to Save Time in Your Eviction

Posted on 26. Aug, 2014 by .

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One of the longest delays in processing evictions occurs when not all occupants are served personally (hand to hand) with the unlawful detainer summons and complaint.  More often than not, the occupants know they must be legally served in order for the court to award a judgment for possession of the subject property.  If they […]

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Property Managers Can Offer Clients a Piece of Crowd-funding Action

Property Managers Can Offer Clients a Piece of Crowd-funding Action

Posted on 19. Aug, 2014 by .

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Don’t let the lazy, crazy, hazy days of summer lull your property management business to sleep. Wake it up with timely communiqués that you send to your clients and potential clients. For example, why not ignite their imaginations with information about equity-based crowd-funding that specializes in real estate investment opportunities. I recently interviewed the co-founder […]

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[Slideshow] 8 Reasons Why Your Property Management Business Has Outgrown Quickbooks

[Slideshow] 8 Reasons Why Your Property Management Business Has Outgrown Quickbooks

Posted on 12. Aug, 2014 by .

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If you’re using Quickbooks to run your property management business, you may be experiencing common frustrations as you continue to grow. As a basic accounting software, Quickbooks only covers a fraction of your day-to-day property management activities. Learn more with this important slideshow on the reasons why your property management business may have outgrown Quickbooks. […]

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The Joys of Technology Integration – Part II

The Joys of Technology Integration – Part II

Posted on 05. Aug, 2014 by .

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I understand that most of us are averse to change.  Just the thought of changing a familiar product can make the most competent people break out into a cold sweat; even if that familiar product has resulted in more work and increased mistakes. Let’s take a quick look at some of the repercussions of Jill’s […]

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Boost Your Business into the 21st Century: A Step-by-Step Guide for Property Managers

Boost Your Business into the 21st Century: A Step-by-Step Guide for Property Managers

Posted on 31. Jul, 2014 by .

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This easy guide and checklist lays out the steps in detail for you to start modernizing your business today. Stop wasting time with outdated processes and archaic resources and start spending more time streamlining your workflow and growing your business! This guide offers tips you won’t want to miss, including: How to reinvigorate and empower […]

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